Word: switzerland
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...have been some heavy purchases of Swiss francs in the past few months by Middle East governments trying to diversify their currency holdings. Those purchases have prompted many speculators to sell greenbacks and buy francs in the belief that they will profit later when more oil money floods into Switzerland and pushes the value of Swiss currency even higher. Even now, says one unhappy Swiss bank economist, "there is a flood of petrodollars waiting at the gate...
...mother, trying to remain inconspicuous, changes the family name and shuttles from one apartment to another. But there is no way to avoid the pogrom except to flee the country. She sends Michel ahead, joins him later with her mother, and the three try to cross the border to Switzerland and safety...
...Switzerland's Bernese Oberland was chock-a-block with celebrities last week. Among those on skiing holidays were the Ago Khan, Audrey Hepburn, Roman Polanski and Jack Nicholson. On the slopes of Crans-Sur-Sierre, Jackie Onassis, in a snappy jacket and warmup pants, cut such a dashing figure that at one point she careered downhill and landed in a split. Son John, 14, was more conservative, preferring to give a Bronx cheer to a photographer. In Gstaad, Novice Nicholson was struggling with the subtleties of wedeling. "He loves zooming downhill," sighed Temporary Instructor Polanski. "His style is like...
...International Press Institute (IPI), the 23-year-old organization founded in Switzerland to protect beleaguered newsmen round the world, has issued its gloomiest annual report. IPI finds the world press in 1974 "under open attack on all fronts...
Harry Parker's eight lost its regular stroke Al Shealy for the races, when he came down with a bronchial infection. Shealy, who stroked the United States eight to victory in the world championships at Lucerne, Switzerland, last summer, was sorely missed as Parker's boat never seemed to settle into its usual powerful stroking...